BP has said repeatedly that it will pay for the disastrous oil spill in the Gulf of Mexico. But its actions show that it does not intend to go it alone.

July 4 (Bloomberg) -- European Central Bank President Jean- Claude Trichet pressed governments to trim their budget deficits, saying such action would boost economic growth by improving confidence of consumers and ...

When the Deepwater Horizon disaster set off the worst oil spill in US history, it was flying the flag of the ... By DAVID KOCIENIEWSKI PATRICK SEMANSKY / AP This is one of 12 vents designed to collect up to 500000 barrels of oily water a day on the ...

Blockbuster Inc. must hire a chief restructuring officer by next week as part of a reprieve granted by its debt holders, the company disclosed in a regulatory filing Friday.

The train that is the nation's economic recovery has slowed noticeably, unable to generate enough jobs in the last two months to keep pace with population growth, much less reduce the vast numbers of unemployed ...

July 4 (Bloomberg) -- Labor union leaders welcomed a decision by Eskom Holdings Ltd., the state-owned utility that supplies about 95 percent of South Africa's power, to lift its pay offer to 9 percent to avert a strike during the World ...

One takeaway from Google's purchase this week of travel search technology provider ITA Software is that the company believes there is a need to add more specific search tools to its offerings.

Those shorelines will probably see tar balls in the months ahead, NOAA finds. Also, skimming boats prepare to go back to work, and efforts to help turtles and migrating birds are announced.

July 4 (Bloomberg) -- Rough seas in the Gulf of Mexico are delaying BP Plc's efforts to connect a vessel to the leaking Macondo well that will double the amount of crude being captured amid the worst US oil spill.

Toyota said Friday that it intends to recall 138000 Lexus vehicles in the United States to fix faulty engines, in the latest quality problem to afflict the Japanese automaker.

Abercrombie & Fitch has found bedbugs in a second Manhattan store, leading the company's head to implore Mayor Michael Bloomberg for help.

Earnings for members of the Standard & Poor's 500 Index are expected to increase 27% from a year earlier while revenue is seen rising 9%, according to Thomson Reuters.

Boeing Co. on Thursday said it had finalized the basic design and capabilities of the stretch version of its new 787 Dreamliner airplane.

The Gulf oil crisis has left the Fourth of July a severely downsized event in Pensacola Beach. By DOUGLAS HANKS PENSACOLA BEACH -- The Fourth of July appears to be offering a lesson in just how long a summer this tourist town faces.

DUBAI, United Arab Emirates - BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday.

- Several local owners of tanning salons say their industry is being singled out by the government's mandating of a 10-percent tax on all tanning sessions.

PHILADELPHIA/CHICAGO, July 2 (Reuters) - French drugmaker Sanofi-Aventis (SASY.PA) is looking at several US acquisitions, including one or two that could be worth at least $15 billion, a source familiar with the ...

General Motors' sales in China for the first half of the year surpassed those in the US for the first time as the world's fastest-growing major economy propelled global auto demand.

For a company that hasn't sold that many cars, you wouldn't expect Tesla would be ready for an upgrade. But now comes what it says is its fourth-generation roadster, the 2.5.

NEW YORK July 2 (Reuters) - US consumer bankruptcy filings increased 14 percent in the year's first half to the highest level since the nation's bankruptcy code was overhauled in 2005, the American Bankruptcy Institute said on Friday.